Utility companies losing millions due to revenue leakage, solutions proposed
Utility companies are working to increase revenue and reduce losses. They face challenges like revenue leakage due to poor management and fraud. To fix this, they need to standardize revenue assurance practices and identify areas of improvement. By understanding the problem and setting clear goals, companies can mature their revenue assurance processes. Solutions for revenue leakage are proposed, focusing on tasks like infrastructure management and billing. The key is to address these issues to ensure financial stability and efficiency in utility operations.